Draper Esprit (LON:GROW) Rating Reiterated by Peel Hunt

Draper Esprit (LON:GROW)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Separately, Numis Securities restated a “buy” rating and issued a GBX 680 ($8.89) price target on shares of Draper Esprit in a research report on Thursday, May 30th.

Shares of Draper Esprit stock opened at GBX 460 ($6.01) on Monday. The firm has a 50-day moving average of GBX 491.40 and a 200-day moving average of GBX 499.96. Draper Esprit has a 52-week low of GBX 429 ($5.61) and a 52-week high of GBX 625 ($8.17). The stock has a market cap of $370.02 million and a PE ratio of 4.18.

In related news, insider Simon Christopher Cook sold 275,000 shares of the company’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of GBX 530 ($6.93), for a total value of £1,457,500 ($1,904,481.90).

About Draper Esprit

Draper Esprit plc, formerly known as Ingleby (1994) plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.

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